Combined Commitment Amount definition

Combined Commitment Amount. As of any day, the lesser of (x) the aggregate Commitments outstanding hereunder plus the “Class A Commitment” outstanding under the CREL 2007-A Facility, and (y) $750,000,000.
Combined Commitment Amount set forth in Section 1.1 of the Agreement is hereby amended and restated in its entirety to read as follows:
Combined Commitment Amount. As of any day, the lesser of (i) aggregate Commitments outstanding hereunder plus the aggregate “Commitments” outstanding under the other Citibank Facilities (excluding the “Class B Commitments” under the CREL 2007-A Facility), and (ii) as of any day, an amount equal to the sum of (x) the Combined Threshold Amount for such day, plus (y) $500,000,000.

Examples of Combined Commitment Amount in a sentence

  • Any such reduction in the Combined Commitment Amount shall reduce the Commitments of each of the Banks on a pro rata basis in accordance with their respective Commitment Percentages.

  • The Company may reduce any unused portion of the Combined Commitment Amount at any time upon ten (10) days prior written notice from the Company to the Agent; provided, however, that any such reduction shall be in an amount of at least FIVE MILLION AND NO/100 DOLLARS ($5,000,000.00) or any multiple thereof and no such reduction shall be subject to reinstatement.

  • The Company agrees to pay to the Administrative Agent for the account of the Banks an annual, flat facility fee equal to one-quarter of one percentage point (.25%) of the Combined Commitment Amount (the "Facility Fee").

  • Further, if at any time the Outstanding Amount exceeds the Combined Commitment Amount in effect from time to time, any such excess amount shall be due and payable within five (5) Business Days.

  • The Company may reduce any unused portion of the Combined Commitment Amount at any time upon ten (10) days prior written notice from the Company to the Administrative Agent; PROVIDED, HOWEVER, that any such reduction shall be in an amount of at least FIVE MILLION AND NO/100 DOLLARS ($5,000,000.00) or any multiple thereof and no such reduction shall be subject to reinstatement.

  • The Company agrees to pay to the Administrative Agent for the account of the Banks a fee on the average daily unused portion of the Combined Commitment Amount from the Closing Date until the Scheduled Maturity Date at the rate of one-half of one percentage point (.5%) (the "Unused Fee").


More Definitions of Combined Commitment Amount

Combined Commitment Amount means an amount equal to the sum of all Commitments as in effect from time to time in accordance with the provisions hereof, but in no event greater than TWO HUNDRED THIRTY MILLION AND NO/100 DOLLARS ($230,000,000.00).
Combined Commitment Amount means an amount equal to the sum of all Commitments as in effect from time to time in accordance with the provisions hereof, but in no event greater than ONE HUNDRED FIFTY-FIVE MILLION AND NO/100 DOLLARS ($155,000,000.00).
Combined Commitment Amount. As of any day, the lesser of (x) the aggregate Class A Commitments outstanding hereunder plus the “Commitments” outstanding under the CS Funding VII Facility, and (y) $750,000,000.

Related to Combined Commitment Amount

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.